From: Richard Kahn

From: Richard Kahn To: "Jeffrey E." Subject: Fwd: Monthly TWTR Swap Reset [SC] Date: Fri, 29 May 2015 15:33:23 +0000 Inline-Images: image002.jpg please advise if ok to give approval to transfer fund thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel 212-971-1306 fax 646-350-0954 cell 917-414-7584 Begin forwarded message: From: Vahe Stepanian To: Richard Kahn < , Ariane Dwyer >, Paul Morris >. Stewart Oldfield < , Jeanne Brennan Cc: Daniel Sabba < Subject: Monthly TWTR Swap Reset [SC] Date: May 28, 2015 at 3:38:30 PM EDT Classification: Strictly Confidential Rich- please confirm you agree with the below details of the monthly Twitter swap settlement. We will call Darren to verbally confirm wire transfer to DBAG London after receipt of your approval. DB Receives 1,529,290.08 USD Reset Date: 27-May-2015 Value Date: 01-June-2015 Interest: 4,290.08 Equity: 1,525,000.00 Note that the last reset date was 4/27/2015, and additional details are included on attachment (password will follow under separate cover). I've also included a Bloomberg screenshot with TWTR closing prices below for your convenience. Thank you, Vahe EFTA00627540 TWTR US $ 1 37.O3 +.62 .,...,-..r- N37.02 /37.03K 16x19 a At 14:59 Vol 13.867 990 0 36.491 H 37.33D L 36.37D Val 512.48M 919 xport to -Excel -Page 116 li tstoncal nee Table Iwittet Inc High 55.42 on 10/08/14 i‘ .., I. ICI n Dan 31.75 on 06/02/14 t ,.,. • I last Price v volume USD PI • : ..: Price''' rueitli 4 TWTR US Equity 05/28 2014 05 28 2015 EFTA00627541